How do credit cards make money? Hint: there are two major ways, it is not simply on interest paid from users.
What are the major types of credit cards?
How and why do credit card companies manipulate interest rates?
Why is it good to have a credit card - how can proper use of a credit card help you? (you will have to get into a discussion of establishing good credit here).
Explain what happens when someone gets way, way behind in their credit card debt.(Bankruptcy).
Explain the basics of our current credit crisis.
Why have the rules of borrowing, lending and credit changed?
Is it harder now to get a credit card?
What is the average credit card debt that an American citizen have? - how does this relate to an American's average savings?
Credit Cards and the Credit Crisis
Explain the basics of how credit cards work.
How do credit cards make money? Hint: there are two major ways, it is not simply on interest paid from users.
What are the major types of credit cards?
How and why do credit card companies manipulate interest rates?
Why is it good to have a credit card - how can proper use of a credit card help you? (you will have to get into a discussion of establishing good credit here).
Explain what happens when someone gets way, way behind in their credit card debt.(Bankruptcy).
Explain the basics of our current credit crisis.
Why have the rules of borrowing, lending and credit changed?
Is it harder now to get a credit card?
What is the average credit card debt that an American citizen have? - how does this relate to an American's average savings?